CSW Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	4.69B EUR	4.54B EUR	4.26B EUR
Enterprise Value	5.57B EUR	5.34B EUR	5.17B EUR
Valuation Multiples
Trailing P/E	39.4x	37.45x	40.02x
Forward P/E	21.05x	--	--
Price to Sales	4.01x	3.92x	4.11x
Price to Book	4.37x	4.23x	4.06x
EV/Revenue	4.76x	4.62x	4.99x
EV/EBITDA	19.38x	20.24x	23.52x
Price to FCF (P/FCF)	64.53x	31.67x	44.19x
EV/FCF	76.67x	37.3x	53.64x
FCF Yield	1.55%	3.16%	2.26%